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Oberoi Group Exits UAE Market, Ends Management of Al Zorah Luxury Property

Oberoi Group Exits UAE Market, Ends Management of Al Zorah Luxury Property

EIH Ltd, the operator of the Oberoi chain of luxury hotels and resorts, is making a surprising exit from the key hospitality market of the United Arab Emirates (UAE). On Wednesday, Vikramjit Singh Oberoi, the

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Choice Hotels ends USD 7.8 billion takeover bid for Wyndham, citing lack of engagement

Choice Hotels ends USD 7.8 billion takeover bid for Wyndham, citing lack of engagement

Choice Hotels International (CHH) has ceased its approximately USD 7.8 billion takeover bid for competitor Wyndham Hotels & Resorts (WH), citing Wyndham's board's reluctance to engage constructively and substantively on terms. the acquisition attempt, initiated

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